Solar and Battery

Solar and battery storage prices have dropped almost 90% in 10 years

The cost of solar power has fallen by 87%, and battery storage by 85% in the past decade, according to a new study – here’s why. Berlin-based scientific think tank Mercator Research Institute on Global Commons and Climate Change (MCC) has released a new study in the journal Energy Research & Social Science in which the researchers compared

UK installed solar capacity sees highest increase since 2017

According to the latest national statistics the UK has a total installed solar capacity of 15.5GW from July 2023. This is an increase of 6.8% (977MW) since July 2022, demonstrating the highest annual increase since August 2017, according to the Department for Energy Security and Net Zero (DESNZ). According to the national statistics there were

How battery energy storage can power us to net zero

The use of battery energy storage in power systems is increasing. But while approximately 192GW of solar and 75GW of wind were installed globally in 2022, only 16GW/35GWh (gigawatt hours) of new storage systems were deployed. To meet our Net Zero ambitions of 2050, annual additions of grid-scale battery energy storage globally must rise

Energy Storage Sector Gears Up For Explosive Growth

The International Energy Agency predicts that 440 GW of renewable energy will be added by the end of 2023, potentially leading to peak fossil fuel emissions by 2025. Energy storage is essential for balancing the variable nature of renewable sources like wind and solar, and the sector could add 387 GW of new capacity

Solar PV generation increased by 10% in 2022, says DESNZ

A Department for Energy Security and Net Zero (DESNZ) report has stated that solar photovoltaics (PV) increased its generation by 10% between 2021 and 2022. Solar PV generated 13.3TWh of electricity in 2022, an increase on the 12.1TWh generated in 2021. DESNZ stated that this increase was driven by longer average sunlight hours and

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